YEARLY HIGH
0.2975 AWG
YEARLY LOW
0.2567 AWG
YEARLY AVERAGE
0.2757 AWG

2020 DKK to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2975. Conversely, the yearly low was recorded on March 19, dropping to 0.2567.

This high-to-low spread represents a total annual volatility of 0.0408 AWG. From a start-to-finish perspective, comparing the January average rate of 0.2675 to the December average rate of 0.2945, the exchange rate registered a net change of 10.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2975 was up 6.28% compared to the 2019 peak of 0.2799, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 1,487 AWG
2019 Average 1,350 AWG
Yearly Trough Low 1,283 AWG
Transaction Impact: A difference of 204.19 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2977
0.2589
JanuMarcMayJulySeptNove

DKK to AWG Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2657, compared to 0.2856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 0.2657
H2 Avg (Jul–Dec) 0.2856

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0181 AWG (High: 0.2748 / Low: 0.2567). On the other end, April was the most stable month, with a tight range of 0.0049 AWG (High: 0.2649 / Low: 0.2601).

March Spread (Volatile) ±0.0181
April Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0045 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2945) against the same month in 2019 (average: 0.2677), the exchange rate shifted by +0.0268 (+10.00%).

2020 Avg (December) 0.2945
2019 Avg (December) 0.2677

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2703 0.2653 0.2675
February 0.2673 0.2600 0.2630
March 0.2748 0.2567 0.2667
April 0.2649 0.2601 0.2621
May 0.2684 0.2605 0.2634
June 0.2745 0.2686 0.2717
July 0.2871 0.2714 0.2770
August 0.2888 0.2836 0.2860
September 0.2883 0.2812 0.2851
October 0.2869 0.2816 0.2846
November 0.2895 0.2814 0.2863
December 0.2975 0.2919 0.2945